Material Contracts Representation

Identification

IRI:

https://folio.openlegalstandard.org/R7WUWbLlupo51XOIT68Jiz2

Label Material Contracts Representation

Preferred Label N/A

Identifier N/A

Alternative Labels

None

Definition

Material Contracts Representation refers to a clause in merger and acquisition agreements where the selling party provides assurance about the status, validity, and enforceability of significant contracts to which the target entity is a party. It seeks to ensure that these critical contracts are in good standing and there are no hidden liabilities or issues that might adversely affect their value or enforceability.

Class Relationships

Sub Class Of

• Bring-down of Representations and Warranties

Is Defined By

N/A

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Additional Information

Metadata

Comment

None

Description

None

Notes

• None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available